链捕手

Bitcoin price breaks through $94,000, alts show obvious rise. On-chain data shows volume increase, number of traders fluctuates, Whale holdings total 1,052, with many retail investors in the market. Although market heat has risen somewhat, on-chain volume remains inactive. Future market development may be influenced by policy, regulatory changes, and Whale actions, so investors need to approach with rationality.

The strong cyclicality of BTC is gradually disappearing. Market participants holding for 1 to 3 years perform perfectly in bull and bear cycles. The emergence of the double top in 2021 marks the failure of the "carving the boat to seek the sword" method. The URPD chip structure has undergone a significant change. When future cycles disappear, analysis should be conducted using the deductive method. The AVIV Heatmap can help observe BTC fluctuations. The disappearance of cyclicality is an inevitable process of market maturation. BTC is about to enter a new era, and we are witnesses of history.

Original Title: Tariffs and Turmoil
Original authors: UkuriaOC, CryptoVizArt, Glassnode
Compiled by: Daisy, ChainCatcher

The Trump administration announced the "Liberation Day" tariff policy, leading to severe fluctuations in the financial markets, with major macro indices generally declining, and the digital asset market was no exception, experiencing a comprehensive downturn.
Summary
The news of the United States imposing additional tariffs has severely disrupted the major global financial markets, with several markets experiencing one of their worst trading days since March 2020.
The inflow of funds into digital assets has almost come to a standstill, with liquidity significantly contracting, resulting in strong downward pressure.
However, from the price trends of Bitcoin and Ethereum, as prices decline, the scale of losses and exits is gradually decreasing, which may indicate that the selling pressure in the market is tending to exhaust in the short term.

Original Title: Between Extremes: A Decentralized Finance-Native Blueprint for Sustainable TGEs
Original author: DougieDeLuca, member of Figment Capital
Original translation: Rhythm Little Deep

Editor’s Note: This article reviews the advantages and disadvantages of two TGE models: low circulation/high FDV and fair issuance. It points out that the former allows insiders to cash out quickly, while the latter struggles to sustain due to lack of funding and liquidity. Based on market lessons, it proposes a DeFi-native TGE solution that utilizes on-chain liquidity, phased price unlocking, and a transparent smart contract mechanism to balance the funding needs of the team with the public's true price discovery, while also incentivizing insiders to align with the long-term goals of the project, thus building a more sustainable token.

As the crypto market declines, token prices generally fall, and reputation scores exhibit a pyramid structure, with most tokens concentrated in the "Average" and "Fair" ranges. Ethereum remains the primary token issuance platform, but new chains are gradually gaining attention. Low-scoring tokens commonly face issues such as insufficient liquidity, concentration of holders, and low trading activity. Different blockchain platform ecosystem strategies vary, and future quality projects need to develop in a balanced manner across multiple dimensions.

The Arbitrum team announced the launch of the next-generation programming environment Stylus, which allows developers to deploy applications to run on Arbitrum using programming languages such as Rust, C, and C++. Stylus is described as an upgrade to the Ethereum Virtual Machine, with features such as speed, low fees, and full interoperability with EVM. Stylus enables developers to more easily build Dapps, improve performance, reduce costs, support custom precompiles, and promote the widespread development of blockchain applications. Arbitrum refers to Stylus as "EVM+", emphasizing its full scalability.

Review the overview of the Block chain game from last week and check out the latest data reports from Footprint Analytics and ABGA.
【2.10-2.16】Web3 Gaming Industry Trends
Block Game Chain Ronin announced that it will open its ecosystem to all developers
Decentralized gaming platform Treasure DAO will launch AI agent launch platform Mage based on the ElizaOS framework
NFT series Azuki TCG card game will be released in 2025
Japanese game company Gumi announced an investment of 1 billion yen (approximately 6.58 million dollars) to purchase Bitcoin.
Solana ecosystem AI game protocol GamerBoom completes $11 million in financing, receiving